Bursary advice.....
I have been reading the bursary information and it states that my husbands contribution is based on his residual income and the following are the only deductions that can be made:
Deductible Expenses used to offset against declared income
Employee Pension Contributions
Personal Pension / Retirement Annuity payments
Other loan interest (if allowed for tax purposes if the person is self-employed)
Professional subscriptions and other tax relievable expenses
Wages for Domestic Help
Maintenance payments made
Do they not take into account living expenses such as mortgage, food, bills etc etc.
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